Brooks Macdonald, a UK wealth manager, has partnered with SS&C for technology and operational services. As part of the arrangement, Brooks Macdonald will consolidate its operations on SS&C technology. By 2021, SS&C will transition Brooks Macdonald’s operations to its technology and deploy its end-to-end wealth technology stack. Solutions include the SS&C Investrack digital service layer and Advent Genesis, the portfolio management and rebalancing platform with integrated order management and investor recordkeeping capabilities. SS&C will take on a number of Brooks Macdonald operations staff to its team as part of the agreement. Earlier this year Brooks Macdonald signed an administration deal with JTC for its acquisition of LBI’s C.I. funds and wealth management businesses.
